The launch of spot Bitcoin exchange-traded funds (ETFs) in 2024 exceeded all expectations, with some of the most successful launches in U.S. ETF history. Experts predict that 2025 will see even bigger numbers.
BlackRock’s iShares Bitcoin Trust (IBIT) had the most successful ETF launch in U.S. history, accumulating over $52.3 billion in assets during its first year.
Other spot Bitcoin ETFs, including Fidelity’s FBTC, ARK 21Shares’ ARKB, and Bitwise’s BITB, also made it into the top 20 ETF launches of all time.
Matt Horne from Fidelity Investments called the last year “momentous” for the crypto industry, noting that FBTC, Fidelity’s largest exchange-traded product, now holds nearly $19 billion in assets. The demand for Bitcoin ETFs has far surpassed expectations across retail, institutional, and advisor clients.
While some financial institutions were slow to embrace Bitcoin ETFs, the trend is expected to accelerate in 2025. Mark Connors, an analyst at Risk Dimensions, believes that with increased support from financial advisors and more favorable market conditions, 2025 will see even larger inflows into Bitcoin ETFs.
Nate Geraci, president of the ETF Store, predicts that 2025 could be the “Year of Crypto ETFs,” with over 50 new crypto ETFs approved by the U.S. Securities and Exchange Commission (SEC). He also forecasts the launch of spot Solana and XRP ETFs, along with options-based and equities-based products.
The rise of Bitcoin ETFs marks a significant milestone for the crypto industry, and experts believe that 2025 will see continued growth and innovation in this space.
With a new administration in Washington, the approval of more crypto ETFs could further cement the place of digital assets in the mainstream financial system.